Vaughan GTA Rental Market Update — May 2026

Vaughan GTA rental market update May 2026 with Raj Bajwa — rents keep cooling across Vaughan and the GTA

Vaughan GTA rental market update for May 2026 based on April data: Vaughan avg rent $2,314, 1-bedroom rents down 8.3% year-over-year, and GTHA vacancy at a multi-year high of 5.4%. Renters now have real negotiating room.

Vaughan Drops Development Charges to Zero (2026)

Vaughan development charges hit zero in 2026, saving new home buyers up to $50,193

Vaughan development charges dropped to zero on April 28, 2026, making Vaughan the first major GTA city to do it. The temporary policy runs through October 31, 2027. New home buyers could save up to $50,193 per low-rise build, and the saving stacks with the federal GST and Ontario HST rebates.

Vaughan & GTA Rental Market Update – April 2026

Vaughan GTA rental market update April 2026 - Raj Bajwa RE/MAX Experts

Vaughan avg rent hit $2,430 in March 2026, down year-over-year across nearly every unit type. Inventory is rising and landlords are competing for tenants. Renters have more negotiating power than previous years.